2/10/2001 @ Old School Skate Jam 2001. Since her skating days with the Z-Boys, Peggy Oki went on to UC Santa Barbara to study environmental biology, eventually receiving her Bachelor of Arts in Painting at The College of Creative Studies (UCSB). (She got around campus, primarily by skateboard.).
DEFINITION of 'Incorporation'. The process of legally declaring a corporate entity as separate from its owners. Incorporation has many advantages for a business and its owners, including: 1) Protects the owner's assets against the company's liabilities. 2) Allows for easy transfer of ownership to another party. 3) Achieves a lower tax rate than on personal income.
What is an 'Incorporation'. Incorporation is the legal process used to form a corporate entity or company. A corporation is a separate legal entity from its owners, with its own rights and obligations. Corporations can be created in nearly all countries in the world and are usually identified as such by the use of terms such as Inc. or Limited in their names.